Raymond James Maintains Outperform on Intuitive Surgical, Lowers Price Target to $310
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Jason Bednar has maintained an 'Outperform' rating on Intuitive Surgical (NASDAQ:ISRG) but lowered the price target from $368 to $310.

October 20, 2023 | 1:25 pm
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Intuitive Surgical's price target has been lowered from $368 to $310 by Raymond James, though the 'Outperform' rating is maintained.
The lowering of the price target by Raymond James could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained 'Outperform' rating indicates that the analyst still sees potential upside, which could counterbalance the negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100